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Celebration of the Saudi Industrial Development Fund’s 50th Anniversary

February 13, 2024

InoChem’s CEO, Mr. Turki Al-Shehri, actively took part in the celebration of the 50th anniversary of the Saudi Industrial Development Fund (SIDF). During the celebration, he expressed his heartfelt appreciation for the fund’s remarkable contributions to the growth and development of the industrial sector throughout the decades.

Mr. Al-Shehri acknowledged the pivotal role played by the SIDF in advancing the industrial landscape of Saudi Arabia. He recognized the fund’s efforts in supporting and nurturing the industrial sector, which has been instrumental in realizing the goals set forth in the Kingdom’s Vision.

Furthermore, Mr. Al-Shehri highlighted the significant impact of the SIDF in fostering the construction of an advanced, diversified, and sustainable economy. The fund’s strategic initiatives and financial support have played a crucial role in enabling businesses to flourish, driving innovation, and creating employment opportunities.

As a prominent figure in the industrial sector, Mr. Al-Shehri’s participation in the celebration demonstrates InoChem’s commitment to collaboration and recognition of the vital role played by institutions such as the SIDF in promoting economic growth and achieving the ambitious goals of Saudi Arabia’s Vision.